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How Risky Are Recessions for Top Earners?

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NBER2014-01-01 更新2025-01-04 收录
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How sensitive are the earnings of top earners to business cycles? And, how does the business cycle sensitivity of top earners vary by industry? We use a confidential dataset on earnings histories of US males from the Social Security Administration. On average, individuals in the top 1% of the

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2014-01-01
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